0000929638-25-001619.txt : 20250424 0000929638-25-001619.hdr.sgml : 20250424 20250424164145 ACCESSION NUMBER: 0000929638-25-001619 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20250424 DATE AS OF CHANGE: 20250424 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Toyota Auto Receivables 2025-B Owner Trust CENTRAL INDEX KEY: 0002058316 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance EIN: 000000000 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-281727-02 FILM NUMBER: 25868229 BUSINESS ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 469-486-9013 MAIL ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TOYOTA AUTO FINANCE RECEIVABLES LLC CENTRAL INDEX KEY: 0001131131 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance EIN: 334836519 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 469-486-9013 MAIL ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 FWP 1 taot2025b_fwp.htm
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated April 24, 2025
Registration Statement Nos. 333-281727 and 333-281727-02

**FULL PX DETAILS* Toyota Auto Receivables 2025-B Owner Trust

Joint Bookrunners: Barclays (str), BMO, J.P. Morgan, Mizuho and US Bancorp
Co-Managers: Anz Securities

PRICED - TOE: 11:25 AM ET

-Capital Structure-
 
TOTAL
OFFERED
              
CLS
SIZE($MM)
SIZE($MM)*
WAL
S&P/Fitch**
BNCH
SPREAD
YLD(%)
CPN(%)
PX(%)
A-1
425.600
404.320
0.21
A-1+/F1+
I-CRV
+15
4.452%
4.452%
100.00000%
A-2A
509.726
484.230
1.07
AAA/AAA
I-CRV
+54
4.506%
4.46%
99.99573%
A-2B
189.474
180.000
1.07
AAA/AAA
SOFR30A
+54
    
100.00000%
A-3
623.200
592.040
2.47
AAA/AAA
I-CRV
+57
4.382%
4.34%
99.99427%
A-4
104.500
99.275
3.72
AAA/AAA
I-CRV
+67
4.535%
4.49%
99.99082%
B
47.500
      
**RETAINED**
      
** Expected ratings

Transaction Details:

* Ticker: TAOT 2025-B
* Offered Size: $1.76bn
* Format: Public/SEC Registered
* Pricing speed: 1.30% ABS to 5% Call
* Expected Ratings: S&P/Fitch
* ERISA Eligible: Yes
* US RR Eligible: Yes
* EU/UK RR Eligible: No
* Min denoms: $1k x $1k
* Expected Settlement: April 30, 2025
* First Payment Date: May 15, 2025
* Bill and Deliver: Barclays

Available Information:

* Preliminary Prospectus (Attached)

* Intex CDI File (Attached)
Intex Dealname: bcgtaot25b_mkt_upsize
Password: 449V

The issuer has filed a registration statement (including a prospectus) with the u.s. Securities and exchange commission (sec) for this offering. Before you invest, you should read the prospectus for this offering in that registration statement, and other documents that the issuer has filed with the sec, for more complete information about the issuer and this offering. You may get these documents for free by searching the sec online database (edgar) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Barclays capital inc. by calling 1-888-603-5847.